“8,700 Trillion Won to Replace Old Grid”… K-Power Equipment Boom to Continue

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Analysis suggests that replacement investments amounting to 9,000 trillion won will be made over the next decade, as aging global power grids reach a level that threatens national security. Investment in global power grids is accelerating as the surge in electricity demand driven by the spread of artificial intelligence (AI) creates bottlenecks in the expansion of high-tech industries such as data centers. The domestic power equipment industry i…